Excess Casualty Broker

3M HEALTHCARE; New York (NY); Hybrid; USD 92,500 - 197,100; Full time

Benefits offered by this job

Health benefits

401(k) savings plan

Tuition assistance

Employee assistance program

Job summary

Marsh in New York City is seeking a talented professional to join the Excess Casualty team. This hybrid role requires three days in the office per week and involves strategic placement, client engagement, and market coordination.

The candidate will balance complex casualty and healthcare knowledge with strong communication skills to drive client retention and new business. A seasoned insurance professional with leadership in a matrix environment is preferred.

Qualifications

• 8+ years industry experience in insurance, with success working in a matrix team environment.
• Casualty experience lines, Healthcare experience.
• Strong problem solving, critical thinking, and communication skills.
• P&C license, or ability to obtain.

Responsibilities

• Devise go-to-market strategy and advocate for the placement function.
• Instructs submission of coverage specifications and obtains quotes from carriers.
• Consults with client executives to support retention and new business production.
• Inspects binding of coverage and ensures accuracy of placement binders.
• Builds relationships with practice and markets to provide cohesive client service.

Skills

Problem solving

Critical thinking

Communication skills

P&C license

Job description

Job Overview

We are seeking a talented individual to join our Excess Casualty team at Marsh. This role is based in NYC and is hybrid, requiring at least three days a week in the office.

Responsibilities

• Devises the go-to-market strategy, advocates for the value of placement function, and participates in pricing services as applicable.
• Instructs the submission of coverage specifications and obtains quotes from carriers based on the “assist, advise, and assume” transaction model.
• Consults with client executives and client teams to support client retention and new business production.
• Inspects binding of coverage and ensures accuracy of placement binders.
• Drives and builds relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
• Maintains solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills.
• Provides a detailed understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
• Formulates placement strategy by utilizing risk expertise and knowledge of industry and carriers to develop solutions meeting difficult client needs.

Qualifications

• 8+ years industry experience with success working collaboratively in a matrix team environment.
• Casualty experience lines, along with HealthCare experience.
• Strong problem solving, critical thinking, and communication skills.
• P&C license, or ability to obtain.

Preferred Skills

• Ability to build strong relationships and rapport with internal colleagues, clients and carriers.
• Self-starter, resourceful, bringing solutions and ideas to the firm.
• Collaboration mindset and immediate impact orientation.
• Interest in aligning with practice and business goals.

What You Can Expect

• Integral member of a world leader’s best in class placement team delivering expert broking & strategic solutions.
• Build and maintain relationships with underwriters to manage placement of insurance programs.
• Lead on complex placement/technical support activities on large accounts, ensuring procedural compliance, reviewing data, updating renewal exhibits, maintaining accurate system entries.

Benefits and Compensation

Base salary range $92,500 to $197,100. Base pay determined by experience, skills, training, location, certifications, education, and applicable minimum wage. Potential for performance-based incentives.

Competitive total rewards package includes health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

Work Environment

Hybrid work model with flexibility. All colleagues expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week to gather in person.

Equal Employment Opportunity

Marsh is committed to a diverse, inclusive and flexible work environment, seeking to attract and retain the best people and embrace diversity across all characteristics protected by law.